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Aptiv


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Aptiv PLC Enters Into $3 Bln Accelerated Share Repurchase Agreements

BRIEF-Aptiv PLC Enters Into $3 Bln Accelerated Share Repurchase Agreements Aug 2 (Reuters) - Aptiv PLC APTV.N : APTIV PLC: ON AUG 1, ENTERS INTO $3 BILLION ACCELERATED SHARE REPURCHASE AGREEMENTS APTIV PLC: FUNDING REPURCHASES WITH CASH AND NEW BRIDGE CREDIT FACILITY APTIV PLC: EXPECTS TO REFINANCE BRIDGE CREDIT FACILITY WITH ISSUANCE OF NEW DEBT O
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Auto parts supplier Magna's quarterly results miss on fewer vehicle assemblies

UPDATE 1-Auto parts supplier Magna's quarterly results miss on fewer vehicle assemblies Adds details on layoffs at company's unit in paragraph 3, sales impact in paragraph 5 By Nathan Gomes Aug 2 (Reuters) - Canada's Magna International MG.TO missed analysts' estimates for second-quarter results, hurt by production being stopped for certain vehicles and lower volumes of automobiles assembled, sending the auto parts supplier's shares down about 2%.
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Auto parts supplier Magna's quarterly results miss on fewer vehicle assemblies

Auto parts supplier Magna's quarterly results miss on fewer vehicle assemblies Aug 2 (Reuters) - Auto parts supplier Magna International MG.TO missed analysts' estimates for second-quarter results on Friday, hurt by production being stopped for certain vehicles and lower volumes of automobiles that it assembled. Magna, which counts BMW BMWG.DE , Mazda 7261.T and Ferrari RACE.MI as customers, produces parts and builds vehicles at its complete vehicle manufacturing unit for various automakers.
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U.S. Apple, Centerpoint Energy, Cummins

U.S. RESEARCH ROUNDUP-Apple, Centerpoint Energy, Cummins Aug 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Apple, Centerpoint Energy and Cummins, on Friday. HIGHLIGHTS * Apple Inc AAPL.O : Wedbush raises target price to $285 from $275 * Centerpoint Energy CNP.N : JP Morgan cuts to neutral from overweight * Cummins CMI.N : Jefferies raises target price to $365 from $345 * Motorola MSI.N : JP Morgan raises target pr
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Aptiv rises on Q2 profit beat, annual profit forecast raise

BUZZ-Aptiv rises on Q2 profit beat, annual profit forecast raise ** Auto-parts supplier Aptiv's shares APTV.N rise 5.5% to $73.21 ** Co beats Q2 profit estimates on strong demand for parts and advanced driving technology from automakers ** Posts Q2 adj. profit of $1.58 per share. compared with analysts' avg. est. of $1.42 per - LSEG data ** APTV also lifts FY adj.
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Auto-parts supplier Aptiv beats quarterly profit estimates, shares rise

UPDATE 1-Auto-parts supplier Aptiv beats quarterly profit estimates, shares rise Updates shares, adds details from conference call in paragraphs 10-11, analyst comment in paragraphs 5-6 By Nathan Gomes Aug 1 (Reuters) - Aptiv APTV.N on Thursday beat Wall Street expectations for second-quarter profit, aided by strong demand for parts and advanced driving technology from automakers, sending shares of the auto-parts supplier up by more than 13%.
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Auto-parts supplier Aptiv beats quarterly earnings estimates, shares rise

Auto-parts supplier Aptiv beats quarterly earnings estimates, shares rise Aug 1 (Reuters) - Aptiv APTV.N topped Wall Street's expectations for second-quarter earnings, aided by strong demand from automakers, sending shares of the auto-parts supplier more than 5% up in premarket trading. The company also authorized a new $5 billion share repurchase program and said it would immediately proceed with a $3 billion buy back, and fund that with cash on hand and debt.
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Aptiv Q2 Adjusted EPS USD 1.58 Vs. IBES Estimate USD 1.42

BRIEF-Aptiv Q2 Adjusted EPS USD 1.58 Vs. IBES Estimate USD 1.42 Aug 01 (Reuters) - Aptiv Q2 adjusted free cash flow USD 643 million. Q2 net income USD 938 million Q2 adjusted EBITDA USD 788 million vs. IBES estimate USD 778.9 million Q2 EPS USD 3.47 Q2 revenue USD 5,100 million vs. IBES estimate USD 5,313 million
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US says 51 million air bag inflators pose safety risks despite automaker objections

UPDATE 2-US says 51 million air bag inflators pose safety risks despite automaker objections Adds comments by Stellantis and GM, paragraphs 7 and 9 By David Shepardson WASHINGTON, July 31 (Reuters) - A U.S. regulator said on Wednesday it still believes that air bag inflators in 49 million U.S. vehicles assembled by 13 automakers pose serious safety risks and it is considering issuing a recall.
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Who is Boeing's new CEO Kelly Ortberg?

FACTBOX-Who is Boeing's new CEO Kelly Ortberg? July 31 (Reuters) - Boeing BA.N named former Rockwell Collins executive Kelly Ortberg as its new President and CEO , tasking the aerospace industry veteran with turning the struggling planemaker around. The appointment comes after months of deliberation from Boeing as it tries to salvage its reputation and addresses questions around safety after an Alaska Airlines ALK.N operated MAX 9 jet experienced a mid-air panel blowout.
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Aptiv PLC <APTV.N> expected to post earnings of $1.42 a share - Earnings Preview

Aptiv PLC expected to post earnings of $1.42 a share - Earnings Preview Aptiv PLC APTV.N , APTV.K is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Dublin-based company is expected to report a 2.2% increase in revenue to $5.313 billion from $5.2 billion a year ago, according to the mean estimate from 21 analysts, based on LSEG data.
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TE Connectivity misses Q3 revenue estimates amid auto production decline

TE Connectivity misses Q3 revenue estimates amid auto production decline July 24 (Reuters) - Sensor maker TE Connectivity TEL.N on Wednesday reported third-quarter revenue that fell short of Wall Street estimates, citing a decline in auto production. TE Connectivity makes switches and sensors and its products are used in vehicle body and frame systems, as well as in convenience features such as infotainment.
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U.S. STOCKS Altimmune, General Mills, Whirlpool

BUZZ-U.S. STOCKS ON THE MOVE-Altimmune, General Mills, Whirlpool Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were flat to higher in choppy trading on Wednesday, with technology stocks attempting to find a floor after a recent selloff, while investors awaited a crucial inflation report this week to gauge the path of monetary policy.
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U.S. STOCKS Grindr, FedEx, Moderna

BUZZ-U.S. STOCKS ON THE MOVE-Grindr, FedEx, Moderna Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff, while investors awaited a crucial inflation report this week to gauge the path of monetary policy.
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U.S. STOCKS Apple, SolarEdge Technologies, Taysha Gene Therapies

BUZZ-U.S. STOCKS ON THE MOVE-Apple, SolarEdge Technologies, Taysha Gene Therapies Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Futures for the Nasdaq advanced on Wednesday as Nvidia and other chip stocks continued to regain momentum, while those tracking the Dow edged lower ahead of a key inflation reading this week.
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Rivian jumps as $5 bln Volkswagen investment signals 'vote of confidence'

UPDATE 3-Rivian jumps as $5 bln Volkswagen investment signals 'vote of confidence' Stock set for best day Investment to also help Rivian's plans to develop future models Analysts see deal as "red flag" for Aptiv's software business Updates shares, market capitalization and adds stock milestones in paragraphs 1,6 and 12 By Akash Sriram June 26 (Reuters) - Rivian Automotive RIVN.O surged about 3 6% on Wednesday after a $5 billion investment from Volkswagen offered the loss-making startup more fire
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U.S. STOCKS Nvidia, FedEx, Rivian

BUZZ-U.S. STOCKS ON THE MOVE-Nvidia, FedEx, Rivian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Nasdaq and S&P 500 futures advanced on Wednesday as Nvidia and other chip stocks continued to regain momentum ahead of a key inflation reading this week, while FedEx shares soared on the back of an upbeat annual profit forecast.
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Rivian jumps on Volkswagen's $5 billion 'vote of confidence' investment

Rivian jumps on Volkswagen's $5 billion 'vote of confidence' investment June 26 (Reuters) - Rivian Automotive RIVN.O surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen VOWG_p.DE offered the loss-making startup more firepower to scale production in a slowing electric-vehicle market. The investment will also bolster Rivian's depleting cash reserves, further its target of becoming profitable on a gross margin basis later this year and help it compete better in a market
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Aptiv falls after Piper Sandler cuts rating citing risks from Volkswagen-Rivian JV

BUZZ-Aptiv falls after Piper Sandler cuts rating citing risks from Volkswagen-Rivian JV ** Shares of auto parts supplier Aptiv Plc APTV.N down 5.3% at $69.48 premarket ** Piper Sandler downgrades stock to "underweight" from "neutral", cuts PT to $63 from $78 ** Says German automaker Volkswagen VOWG_p.DE and U.S. EV maker Rivian's RIVN.O announcemen
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U.S. Alimera Sciences, Comtech Telecommunications, Eli Lilly

U.S. RESEARCH ROUNDUP-Alimera Sciences, Comtech Telecommunications, Eli Lilly June 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alimera Sciences, Comtech Telecommunications and Eli Lilly, on Tuesday. HIGHLIGHTS * Alimera Sciences Inc ALIM.O : Craig-Hallum cuts to hold from buy * Comtech Telecommunications Corp CMTL.O : Jefferies raises to hold from underperform * Eli Lilly LLY.N : Truist Securities raises targe
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